Piyush Goyal chairs Inter-Ministerial meeting to address rising freight cost, shipping delays, shortage & non-availability of containers and congestion at the ports
NEW DELHI: An inter-ministerial meeting was held in New Delhi under the chairmanship of Union Minister of Commerce & Industry,Shri Piyush Goyal to address rising freight cost, shipping delays, shortage & non-availability of containers and congestion at the ports leading to difficulties being faced by exporters and adverse impact on the trade.
Addressing the meeting, Shri Goyal said that the decisions taken by the Ministry of Ports, Shipping and Waterways and Ministry of Railways in the meeting will result in significantly breaking down shipping costs, improving availability of containers, resolving empty containers issue, faster evacuation of export consignments and reducing congestion at the ports.
The Union Minister announced that Container Corporation of India (CONCOR) has decided to allow
M U S C AT : A s y a d G r o u p , Oman's global integrated logistics provider, takes center stage at the Saudi Maritime & Logistics Congress 2024 held in Dammam, Saudi Arabia, on the 18th and 19th of September
While the GCC solidifies its status as a critical regional powerhouse and hub in global logistics, Asyad Group is poised to showcase its world class assets, strategically located ports, and cutting-edge integrated global logistics through its unparalleled multimodal solutions and a
empty containers to be stored for a period of 90 days in the yard at the Jawaharlal Nehr u Port Authority (JNPA) free of cost and has a l s o s l a s h e d t h e loading and handling charges significantly Chairman and CEO, Railway Board, Shri Satish Kumar announced that the charges of Rs 3000 that is being levied beyond 90 days, is now reduced to Rs. 1500. Further, the storage and handling rates will be reduced for containers from Rs 9000 to Rs 2000 (for a 40 ft container) and from Rs 6000 to Rs. 1000 (for a 20 ft container).
Asyad Group solidifies its Leadership as a major force in Global Supply Chains
network of active operations in key trade hubs like China, India, the USA, and the GCC, including Riyadh, Jeddah, and Dammam.
Adiverseportfoliothatincludesthreedeepseaports,three free zones, an economic zone, and a dry port, combined with its integrated logistics that comprise shipping, freight forwarding, transportation and warehousing services, and a state-of-the-art fulfillment center supported by last-mile delivery service, positions Asyad as a trusted partner for businesses seeking efficient and reliable transportation and supply chain solutions.
NEW DELHI : DLF Tower A, 1201-1202, 12th Floor, Jasola District Center, Jasola, New Delhi 110 025. Tel: +91 11 4312 1700 | Fax: +91 11 4312 1701 | Email : del@ekmtc.com
MUNDRA/GANDHIDHAM : Rabindranath Tagore Road, Plot No. 335 I and II Floor, Sector 1A, Near Olso Circle, Gandhidham, District : Kutch Gujarat 370 201. Tel: +91 2836 237011 | Email : gdm@ekmtc.com
HAZIRA/SURAT : 308, 3rd Floor, White Orchid, L. P. Savani Road, Adajan, Surat, Gujarat 395 009. Tel: +91 99040 03614 | Email : sur@ekmtc.com
AHMEDABAD : Sakar-IX, 1202-B, Beside Old Reserve Bank of India, Near City Gold, Ashram Road, Navrangpura, Ahmedabad, Gujarat 380 009. Tel: +91 79 48967003 | Email :amd@ekmtc.com
CHENNAI : Chaithanya Imperial, Block A, 2nd Floor, Anna Salai, Teynampet, Chennai 600 018. Tel: +91 44 6067700 | Email: maa@ekmtc.com
Tel: 033-2230
Asyad Group solidifies its Leadership as a major force in Global Supply Chains
• ASYAD Group Amplifies Strategic Regional Presence and Global Integrated Logistics Leadership at Saudi Maritime & Logistics Congress 2024
• Affirming its status as MENA’s fourth-largest logistics powerhouse, Asyad Group presents an extensive portfolio, comprising operations in the US, China, Singapore, India, and the GCC, including offices in Riyadh, Jeddah, and Dammam.
• The event will highlight the collective capabilities of Asyad Group, including Asyad Shipping, Ports of Sohar, Salalah, and Duqm, Asyad Drydock, and Asyad Logistics, under a unified platform.
Cont’d. from Pg. 4
“This Congress is more than an event; it serves as a vital nexus where decision-makers, innovators, and stakeholders in the logistics and maritime sectors converge to explore new frontiers and shape the future of global trade. With the GCC accounting for 30% of the world’s container traffic, the region plays a critical role in steering the intricacies of today’s logistics landscape Asyad Group's participation highlights our dedication to advancing innovation, building strategic alliances, and fostering sustainable growth within the sector," said Ahmed Al Bulushi, Chief Executive Asset Management.
During the congress, Essam AL Sheibany, VP Sustainability at Asyad Group, will take part as a distinguished panelist in a session titled "Energy Transition for a Sustainable Future" and will discuss the advancement of eco-friendly initiatives in the logistics sector, setting new standards for sustainable maritime practice, and the use of alternative fuels in the region The Congress will feature Dimitri van Eekelen, VP Commercial of SOHAR Port and Freezone, participating in the panel discussion "Interconnected Logistics & The Supply Chain of the Future " He will
explore evolving cargo owner relationships, regional transshipment, and the impact of cargo handling on port and shipping Additionally, Talal Al Barwani, Sales Manager of Asyad Drydock, will join the panel discussion titled "Shipbuilding and Repair " He will provide insights on how the ship newbuilding market is a d a p
technologies.
Visitors to the Congress will witness the extensive range of Asyad Group's core strengths, from advanced maritime operations and state-of-the-art technology to a robust logistics network that seamlessly integrates land, sea, and air across 6 continents.
JNPA welcomes Yagi Koji, Consulate-General of Japan in Mumbai
N AV I M U M B A I :
J N PA w a s h o n o r e d recently to welcome
M r . Y a g i K o j i , Consulate-General of Japan in Mumbai. He was warmly greeted by JNPA Chairman, Shri Unmesh Sharad Wagh, IRS.
The Chairman gave a comprehensive presentation highlighting JNPA’s operations, the upcoming Vadhvan Port project, and the strong ties between India and Japan. The visit underscored the potential for further collaboration and investment between the two nations.
COSCO SHIPPING LINES (INDIA)
NORTH WEST INDIA SERVICES
Service
PAKISTAN AND MUNDRA EXPRESS SERVICE PMX Service
ARABIAN SEA EXPRESS
EAST AFRICA SERVICE
SOUTH INDIA SERVICES
TCX Service THAILAND CHENNAI EXPRESS
FCS Service FAR EAST CHENNAI SERVICE
IEX Service
EUROPE EXPRESS SERVICE
Head Office - Mumbai :
Unit 802, B Wing, 8th Floor, Godrej Two, Pirojsha Nagar, Eastern Express Highway, Vikhroli (E), Mumbai, 400079, India
MSC Agency Antwerp, Le Havre, Rotterdam, Dunkirk, Felixstowe, Southampton, Hind Terminals 11/1012/10 11/10 0900 MSC Lisbon IP441A Helsingborg, Gothenburg & Red Sea, Med, Gioia Tauro (D). 18/1019/10 18/10 0900 SCI Delhi IP442A SCI CMT Southampton, Rotterdam, Antwerp, Dunkirk, Felixstowe, Le Havre (EPIC / IPAK) COSCO COSCO Shpg. UK, North Cont, Scandinavian, Red Sea & Med. Ports. Indial Indial Shpg. UK, North Cont, Scandinavian, Red Sea & Med. Ports. Seahorse Ship UK, North Continent, Scandinavian Ports & Riga, Klaipede, Tallim, St.Petersburg, Genoa, Valencia, Fos. Globelink Globelink WW UK, North Continent, Scandinavian Ports & Ashdod, Piraeus, Thessaloniki, Athens.
TSS L'Global Ag. UK, North Continent & Scandinavian Ports. Dronagiri-2 AMI Intl. AMI Global UK, North Cont., Scandinavian, Red Sea & Med. Ports. Dronagiri-3 Kalko Faredeal UK, North Continent & Scandinavian Ports. Dronagiri-3 Team Leader Team Leader Felixstowe, Rotterdam, Antwerp, Hamburg, Barcelona, JWR CFS Le Havre, Istanbul, Genova.
Safewater Safewater Lines UK, North Continent, Red Sea & Med. Ports. Team Global Team Global Log. UK, North Continent & Scandinavian Ports. Pun.Conware
TO LOAD FOR U.K., NORTH CONT., SCANDINAVIAN, RED SEA & MED. PORTS from GTI
24/0925/09 24/09 2000 Vung Tau Express 4337W Q1426 1102771-10/09 CMA CGM CMA CGM Ag.(I) Hamburg, Antwerp, London Gateway, Cagliari, Jeddah, Tangier. Dron-3 & Mul 30/0901/10
TBATBA Laem Chabang Express 4338W Hapag ISS Shpg. UK, North Cont., Scandinavian, Red Sea & Med.Ports. ULA CFS 06/1007/10
TBATBA Frankfurt Express 4339W Q1447 1103128-13/09 COSCO COSCO (I) UK, North Cont., Scandinavian, Red Sea & Med.Ports. 14/1015/10 TBATBA Seaspan Ganges 4340W ONE Line ONE (India) Hamburg, Tilbury, Antwerp, Red Sea & Med. Ports. 20/1021/10 TBATBA Mundra Express 4341W Gold Star Star Ship Hamburg, Antwerp, Tilbury. (IOS) Oceangate CFS
25/0926/09
TBATBA Koi 0MXKFW1 Q1428 1102884-11/09 Hapag ISS Shpg. Suez, Port Said, La Spezia, Genoa. Fos, Barcelona, ULA CFS 02/1003/10
TBATBA Haian Mind 24033W Giga Shpg. Venghazi, Algier, Raves, Constanta, Thessaloniki, Piraeus, Barcelona, Valencia, Misurata (West Asia Red Sea Med - WARM) 23/0924/09 NZ Ningbo 27INDSTP Q1328 1101529-31/08 MDL Line Hub & Links Alexandira & St. Petersburg 24/0925/09 24/09 0200 HMM Bangkok 0118W Q1305 HMM HMM Shpg. Jeddah, Damietta, Piraeus, Genoa, Valencia, Barcelona, Seabird CFS 28/0929/09 TBATBA Hyundai Pluto 0040W ONE Line ONE (India) Valencia, Barcelona, Genoa, Piraeus, Damietta, Algeciras (FIM West Bound)
VESSELS DUE AT NSFT/NSICT/NSIGT/GTI/BMCT FOR EXPORT LOADING
TO LOAD FOR USA, CANADA, ATLANTIC, PACIFIC, SOUTH
Maersk Kinloss 439W Q1481 1103476-16/09 Safmarine Maersk India Charleston, Norfolk, New York, Savannah & Other Maersk CFS 12/1013/10 TBATBA W. Kyrenia 440W US East Coast Ports.Middle East Container Lines(MECL)
TO LOAD FOR USA, CANADA, ATLANTIC, PACIFIC, SOUTH AMERICAN & WEST INDIES PORTS
26/0927/09 25/09 1600 Kotka IU438A Q1464 1103396-16/09 MSC MSC Agency New York, Charleston, Huston, Freeport. Hind Terminals
03/1004/10 02/10 1000 MSC Yamuna VI IU439A Kotak Global Kotak Global US East, West & Gulf Coast (INDUS)
26/0927/09 26/09 1100 MSC Margrit IS437A Q1483 1103488-16/09 MSC MSC Agency Baltimore,Boston,Philadelphia,Miami,Arica,Buenaventura, HindTerminals 08/1009/10 08/10 1100 MSC Rapallo IS439A Callao, La Guaira, Paita, Puerto Cabello, Puerto Angamos, Iquique, 16/1017/10 16/10 1100 MSC Regulus IS440A Valparaiso,Cartagena,Coronel,San Antonio,Santiago De Cuba,Mariel (Himalaya Express) Globelink Globelink WW USA, East & West Coast.
27/0928/09 27/09 0900 MSC Maeva IP439A Q1465 1103400-16/06 MSC MSC Agency Boston, Philadelphia, Miami, Coronel, Guayaquil, Cartagena, Hind Terminals 11/1012/10 11/10 0900 MSC Lisbon IP441A Indial Indial Shpg. San Antonio,Arica,Buenaventura,Callao,La Guaira, Paita, 18/1019/10 18/10 0900 SCI Delhi IP442A Puerto Cabello, Puerto Angamos, Iquique Santiago De Cuba, Mariel (EPIC / IPAK) Globelink Globelink WW USA,Canada,Atlantic & Pacific,South American & West Indies Ports. AMI Intl. AMI Global South American Ports Via Antwerp (Only LCL). Dronagiri-3 Safewater Safewater Line US East Coast, South & Central America
OOCL OOCL(I) Other US East Coast Ports. Dronagiri-2 12/1013/10
TBATBA APL Qingdao 0INI5W1
ONE Line ONE (India) India America Express (INDAMEX) 26/1027/10
TBATBA CMA CGM Don Pascuale 0INI7W1 COSCO COSCO Shpg. (INDAMEX)
Indial Indial Shpg. US East Coast & South America ICC Line Neptune New York,Norfolk,Charleston,Miami,Baltimore,Houston & Other Ports. GDL/Dron.-3 Team Lines Team Global Log. Norfolk, Charleston. ConexTerminal
Pegasus Maritime Noble Shipping US East Coast & West Coast Dronagiri-1 Kotak Global Kotak Global US East, West & Gulf Coast
30/09 01/10 TBATBA Teno 4139W Q1427 1102772-10/09 Hapag ISS Shpg. New York, Norfolk, Charleston, Savannah ULA CFS (TPI/INDAMEX)
TO LOAD FOR USA, CANADA, ATLANTIC, PACIFIC, SOUTH AMERICAN & WEST INDIES PORTS from GTI
In Port 24/09 One Reliability 007E Q1435 1102893-11/09 ONE Line ONE (India) USA, East & West Coast, USA, South & Central America
27/0928/09 TBATBA Cap Andreas 014E Q1466 1103399-16/09 & Caribbean Ports, Canada. 29/0930/09 TBATBA X-Press Anglesey 24032E Q1493 1103837-19/09 Globelink Globelink WW USA, Canada, Atlantic & Pacific, South American & (TIP Service) West Indies Ports.
26/0928/09 TBATBA OOCL Luxembourg (*) 112E Q1420 1102685-10/09 OOCL OOCL(I) USA East Coast & Other Inland Destinations. GDL
07/1009/10 TBATBA Stratford 132E Q1432 1102732-10/09 RCL RCL Ag USA East Coast & Other Inland Destinations.
13/1014/10 TBATBA Xin Da Yang Zhou 096E COSCO COSCO Shpg. US West Coast.
18/1019/10
25/0926/09
TBATBA Pusan 34E Yang Ming Yang Ming(I) US West Coast. China India Express III - (CIX-3) Contl.War.Corpn. (* Calling at BMCT) ICC Line Neptune US East, West Coast, Canada, South & Central American Ports. GDL-3 & Dron-3
TBATBA Koi 0MXKFW1 Q1428 1102884-11/09 CMA CGM CMA CGM Ag. New York, Norfolk, Savannah, Miami, Santos, Dron.-3 &
02/1003/10 TBATBA Cypress 0MXKJW1 Q1499 1103931-20/09 ANL CMA CGM Ag. Itajai & other North American Ports. Dron.-3 & Mul.
14/1015/10
19/1020/10
TBATBA Cautin 2440W COSCO COSCO Shpg.
TBATBA Sofia Express 2441W Hapag ISS Shpg.
CFS 24/1025/10 TBATBA APL
TO LOAD FOR USA, CANADA, ATLANTIC, PACIFIC, SOUTH AMERICAN
Hansa Europe 2437W Q1422 1102731-10/09
02/1003/10 TBATBA Safeen Power 2438W Q1448 1103129-13/09 Aqua
26/0927/09
TBATBA Ren Jian 8 02SILS1 Q1429
29/0930/09 TBATBA CMA CGM Zanzibar 0UW2NW1
TO LOAD FOR WEST ASIA GULF PORTS From NSICT
In Port 23/09 BLPL Trust 1410W Q1421 1102730-10/09 BLPL Transworld GLS Jebel Ali. In Port 24/09 Maersk Cape Town 439S Q1385 1102216-05/09 Maersk Line Maersk India Port Qasim, Salallah. (MWE
In Port 24/09 Golbon 1334W Q1347 1101702-02/09 HDASCO Armita India Bandar Abbas, Chabahar. (IIX)
25/0926/09 TBATBA Celsius Edinburgh 002 Q1392 1102259-06/09 ONE Line ONE (India) Jebel Ali.
LMT Orchid Gulf Ports. Dronagiri-3 Bay Line Freight Conn. Port Sudan & Al Sokhna CWC,GDL&DRT ICC Line Neptune UAE & Upper Gulf Ports. GDL-5 Team Lines Team Global Log. Gulf Ports. Conex Terminal 18/1019/10
In Port 23/09 One Contribution 058E Q1379 1102197-05/09 ONE Line ONE (India) Colombo.
01/1002/10 TBATBA Seaspan Adonis 076E Q1387 1102215-05/09 Yang Ming Yang Ming(I) Contl.War.Corpn. 03/1005/10 TBATBA One Altair 066E Hapag/CSC ISS Shpg/Seahorse (PS3 Service) ULA CFS/ 14/1015/10
TBATBA One Arcadia 070E HMM HMM Shpg. Seabird CFS In Port 24/09 One Reliability 007E Q1435 1102893-11/09 ONE Line ONE (India) Colombo. 27/0928/09 TBATBA Cap Andreas 014E Q1466 1103399-16/09 X-Press Feeders Sea Consortium Colombo. Dronagiri 29/0930/09 TBATBA X-Press Anglesey 24032E Q1493 1103837-19/09 CSC Seahorse Colombo. (TIP Service) HMM HMM Shpg. Colombo. Seabird CFS 26/0928/09
CU Lines Seahorse Ship Port Kelang, Singapore, Haiphong, Qingdao, Shanghai, Ningbo. BSS Bhavani Shpg. P Kelang, Singapore, Jakarta, Yangoon, Surabaya, Belawan, Ashte CFS
24/0925/09 23/09 2300 Grace Bridge 2406E Q1296 1101087-26/08 Global Feeder Sima Marine Port Kelang, Shekou, Shanghai, Ningbo Dronagiri 09/1010/10
TBATBA Zhong Gu Hang Zhou 24003E
Heung A Line Sinokor India 12/1013/10
TBATBA Beijing Bridge 2406E
Sinokor Sinokor India Seabird CFS 20/1021/10
TBATBA SM Mahi 2411E
TS Lines TS Lines (I) 29/1030/10
TBATBA GFS Giselle 2412E
Cordelia Cordelia Cont. Port Kelang, Far East & China Ports (CSC) Blue Water Poseidon Shpg. Shanghai, Ningbo, Qingdao. Speedy CFS 30/0901/10 30/09 1000 MSC Maureen FD432E Q1455 1103193-13/09 MSC MSC Agency Dalian, Shanghai, Ningbo, Yantian. Hind Terminals 03/1004/10 03/10 1000 MSC Valeria FD434E (DRAGON EB)
VESSELS DUE AT NSFT/NSICT/NSIGT/GTI/BMCT FOR EXPORT LOADING
ETAETD VESSELS Voy V.I.A ROT. LINE AGENTS WILL LOAD FOR CARTING DATE TIME NAME No.No. No.&Dt. POINT
CHINA
In Port 23/09 One Contribution 058E Q1379 1102197-05/09 ONE Line ONE (India) Port Kelang, Singapore, Leme Chabang, Kaimep, 01/1002/10
TBATBA Seaspan Adonis 076E Q1387 1102215-05/09 Yang Ming Yang Ming(I) Shanghai, Ningbo, Shekou. Contl.War.Corpn. 03/1005/10
TBATBA One Altair 066E HMM HMM Shpg. Seabird CFS 14/1015/10
TBATBA One Arcadia 070E
Samudera Samudera Shpg. Dronagiri (PS3 Service) Gold Star Star Ship Port Kelang, Singapore, Hong Kong, Ningbo, Shanghai OceanGate In Port 24/09 One Reliability 007E Q1435 1102893-11/09 ONE Line ONE (India) Port Kelang, Singapore, Laem Chabang, 27/0928/09
29/0930/09
TBATBA Cap Andreas 014E Q1466 1103399-16/09 X-Press Feeders Sea Consortium Port Kelang, Singapore, Laem Chabang.
ONE Line ONE (India) Port Kelang, Singapore, Hong Kong, Shanghai, Ningbo. 18/1019/10
TBATBA Pusan 34E
COSCO COSCO Shpg. Port Kelang, Singapore, Hong Kong, Shanghai, Ningbo. 22/1023/10
TBATBA Aka Bhum 024E
Gold Star Star Ship Singapore, Hong Kong, Shanghai. 05/1106/11
TBATBA OOCL Hamburg 153E
ANL CMA CGM Ag. Port Kelang, Singapore (CIX-3) Dron.-3&Mul. (* Calling at BMCT)
TS Lines TS Lines (I) South East Asia, Far East, China. Dronagiri-2 25/0926/09 24/09 2300 Zhong Gu Shen Yang 02433N Q1207 1100062-16/08 RCL/Global Fdr. RCL Ag./Sima Marine Port Kelang, Ho Chi Minh City, Laem Chabang, 12/1013/10
TBATBA Tonsberg OPU1UN1 Q1458 1103280-14/09 CU Lines/KMTC Seahorse/KMTC(I) Cai Mep (VGX) SeaLead SeaLead Shpg. 27/0928/09 27/09 1200 Interasia Amplify E001 Q1374 1102138-05/09 Wan Hai Wan Hai Lines Penang, Port Kelang, Hongkong, Qingdao, Shanghai, Dron-1 & Mul CFS 27/0928/09
TBATBA Wan Hai 501(BMCT) E250 Q1433 1102896-11/09 COSCO COSCO Shpg. Ningbo, Shekou. 04/1005/10 TBATBA Interasia Momentum E049 InterasiaInterasia (CI2) HMM HMM Shpg. Port Kelang, Singapore, Hongkong, Kwangyang, Pusan, Shanghai, Ningbo Seabird CFS CU Lines Seahorse Ship Port Kelang(N), Hongkong, Qingdao, Shanghai.
TO LOAD FOR FAR EAST, CHINA & JAPAN PORTS from BMCT
In Port 23/09 KMTC Delhi 2405 Q1418 1102596-09/09 KMTC KMTC (India) Port Kelang(W), Hongkong, Qingdao, Kwangyang, Dronagiri-3 28/0929/09
TBATBA KMTC Colombo 2406 Q1509 1103959-20/09 COSCO COSCO Shpg. (AIS SERVICE) Emirates Emirates Shpg. Port Kelang, Hongkong, Qingdao, Kwangyang, Pusan,Ningbo, Shekou, Singapore Dronagiri-2 In Port 23/09 KMTC Yokohama 2408E Q1375 1102139-05/09 Wan Hai Wan Hai Lines Port Kelang, Jakarta, Surabaya Dronagiri-1
28/0929/09 TBATBA Wan Hai 309 025E Q1434 1102843-11/09 KMTC/Interasia KMTC(I)/Interasia Port Kelang, Jakarta, Surabaya (AIS5/SI8 Service) Dronagiri-3/— 23/0924/09 Hemma Bhum 001E Q1389 1102221-05/09 RCL/PIL RCL Ag./PIL Port Kelang, HaIphong, Nansha, Shekou. 26/0927/09
Emirates Emirates Shpg. 23/0924/09 X-Press Capella 24006E Q1358 1101931-04/09 ONE Line ONE (India) Port Kelang, Hongkong, Shanghai, Ningbo, Shekou 07/0908/10
TO LOAD FOR EAST, WEST & SOUTH AFRICAN PORTS from BMCT
26/0927/09 TBATBA Maersk Aras 439W Q1406 1102383-06/09 Maersk Line Maersk India Tema, Lome, Abidjan (MW2) Maersk CFS 03/1004/10 TBATBA Maersk Cardiff 440W Q1480 1103473-16/09
JAIGARH PORT LIMITED
Ready made garment exports surge by 12% in August despite global challenges
CHENNAI: The country’s ready-made garment (RMG) exports saw a robust growth of 12% in August 2024, reaching USD 1.26 billion, according to data from the Commerce Ministry
This notable rise comes despite significant global headwinds, including high logistic costs and persistent geopolitical crises, such as the ongoing Red Sea disruptions.
The cumulative RMG exports for the April-August period of the 2024-25 fiscal year grew by 7.12%, totalling USD 6.39 billion.
Sudhir Sekhri, Chairman of the Apparel Export Promotion Council (AEPC), noted that the industry has maintained its growth trajectory despite external pressures.
“Growing at an average of 7.12% over the last five months, RMG exports have bucked the trend of declining
merchandise exports, which hit a 13-month low in August,” Sekhri stated.
He further emphasized the importance of focusing on product quality and adhering to environmental and social compliance standards, which he believes will position the industry for future expansion.
“With global garment sourcing realigning itself, we are ready to play a significant role Long-term policy support for export schemes will provide stability and further boost the country ’s garment exports,” Sekhri added.
The AEPC has submitted several proposals to the government, seeking more flexibility in fabric imports, the launch of Production Linked Incentive (PLI) 2 0 for capacity expansion, and a five-year extension of the interest equalization scheme, with a proposed increase to 5% for all exporters.
Empowering exporters and streamlining processes main focus of Department of Commerce in first 100 days of Government
NEW DELHI: The Department of Commerce (DoC) has focused on empowering exporters, streamlining processes, and promoting economic growth through innovative solutions during the first 100 days of this Government These achievements underscore the. Below are some of the key highlights:
1. Empowering Exporters through Trade Connect ePlatform
The launch of a comprehensive Trade Connect e-Platform has connected over 6 lakh IEC holders, 185 Indian Mission officials, and over 600 Export Promotion Council members with Directorate General of Foreign Trade (DGFT)/DoC offices and banks. This digital initiative enhances the ease of doing business for small and medium enterprises (SMEs) by providing them with information and guidance, fostering a more seamless and transparent export ecosystem.
2. Enhanced Insurance Cover for MSME Exporters
To boost exports, the Government has introduced enhanced insurance cover for MSME exporters, which is expected to provide credit worth Rs. 20,000 crore at lower costs This initiative will make Indian exports more competitive, benefitting around 10,000 exporters.
3. Reducing Compliance Burden through Self-Certied Electronic Bank Realisation Certicate (eBRC) system
The introduction of a self-certified electronic Bank Realisation Certificate system has significantly reduced compliance costs for exporters. Previously costing between Rs. 500-Rs.1,500 per eBRC, this system now saves exporters over Rs. 125 crore and simplifies the process for claiming benefits and refunds. This paperless system also aligns with the Government’s broader goals of promoting a digital, eco-friendly economy, cutting down both administrative and environmental expenses.
The bulk generation and Application Programming Interface (API) integration of eBRCs significantly reduce time and effort, streamlining the process for exporters and stakeholders This system is particularly beneficial for small exporters, especially in e-commerce, as it efficiently handles high-volume, low-cost transactions. As a result, it enables them to claim benefits and refunds more effectively, supporting their growthandparticipationininternationaltrade.
4. Connecting SME Exporters to the World through E-Commerce Export Hub (ECEH)
The launch of the E-Commerce Export Hub (ECEH) is poised to revolutionize India’s cross-border e-commerce ecosystem, with projections indicating a potential export value of USD 100 billion by 2030. ECEHs will provide artisans, SMEs, and One District One Product (ODOP) producers easy access to global markets, reduce costs and simplify logistics.
These hubs will boost employment opportunities in transport, warehousing, and quality assurance. Linking Tier 2 and Tier 3 cities, as well as rural areas, with the global marketplace ECEH will play a significant role in driving the
digital transformation of these regions. This connection will enable smaller cities to access broader opportunities in international trade, fostering economic growth and inclusion.
5. Reducing Transaction Costs for MSMEs on GeM Portal
To promote greater MSME participation in the Government e-Marketplace (GeM), the number of pricing slabs has been reduced, making it easier for vendors to understand and comply with. New cap on charges ensures greater affordability for high-value transactions as Orders above Rs. 10 Crore will now pay a flat fee of Rs. 3 Lakh, a massive reduction from the transaction charges previously capped at Rs. 72.5 lakh.
6. Bharat Mart in Dubai
In a groundbreaking initiative, the Department of Commerce has facilitated the establishment of Bharat Mart in Dubai. This hub will provide Indian MSMEs cost-efficient access to the Gulf Cooperation Council (GCC), African, and CIS markets, thereby boosting India's exports to these regions.
7. Eliminating Human Interface through Jansunwai
The Government has further enhanced ease of doing business by launching Jansunwai, a platform that facilitates smooth communication eliminating intermediaries and providing direct communication between stakeholders and the Department This fosters transparency and saves businesses time and effort, reducing the need for physical office visits.
8. Strengthening the Organic Regulatory Ecosystem
A revamped National Programme of Organic Production (NPOP) is set to benefit approximately 20 lakh farmers from 5,000 grower groups through enhanced export opportunities. With a focus on improving certification standards, organic exports are expected to surpass USD 1 billion by 2025-26.
9 Pradhan Mantri Cha Shramik Protsahan Yojana (PMCSPY)
Under this initiative, more than 10 lakh workers across 1,210 tea gardens in Assam and West Bengal will have access to better healthcare, education, and resting shed facilities. This marks a major step toward improving the quality of life for tea garden workers and their families.
10. Rollout of ICEGATE Across All Non-IT/ITES SEZs
The ICEGATE portal has been expanded to cover all nonIT/ITES SEZ units, enabling them to apply for benefits under the Remission of Duties and Taxes on Exported Products (RoDTEP) Scheme. This move enhances ease of doing business, offering 24x7 helpdesk support to SEZ units and ensuring more seamless trading operations.
These transfor mative initiatives reaffir m the Government’s commitment to expanding India's global trade footprint while ensuring the development and welfare of its people With the continued efforts of the Department of Commerce, India is well on its way to becoming a global economic powerhouse by 2047.
India seems to become the 3rd largest Economy within 2030-31 : S&P Global
NEW DELHI: India is growing to become the world’s third-largest economy within 2030–31, as per S&P Global India. India lookst to grow at an annual rate of 6.7 per cent.
India emerged as the fastest-growing large economy, with gross domestic product (GDP) growth at the rate of 8.2 per cent in the financial year (FY) 2024, surpassing the government’s earlier estimate of 7.3 per cent.
“India’s medium-term prospects are healthy and filled with opportunities in multiple sectors, including trade, agriculture, and AI, likely structural reforms, and growing energy demands. India is poised for growth, and with a young and dynamic workforce, it is well-positioned to shape the global economic landscape ”said Abhishek Tomar, Head, S&P Global India Leadership Council, and main data ofcer for S&P Global Market Intelligence.
The research further stated that India must develop infrastructure and geopolitical strategies, particularly regarding its extensive coastline, to maximise trade benefits. Nearly 90 per cent of India’s trade is seaborne,
necessitating robust port infrastructure to manage increasing exports and bulk commodity imports.
The World Bank and S&P Global’s Container Port Performance Index 2023 data showing, only three Indian ports found a place among the top 50 Moreover, the performance gap between public and private sector ports was notable, as the country’s largest government-owned port, the Jawaharlal Nehru Port Trust (JNPT), was ranked 96th globally, while the privately operated Mundra Port Terminal in Gujarat ranked 27th.
Until a decade ago, India's government-owned ports commanded about 75 per cent of the country's container volumes, with JNPT and Chennai Port leading the pack. But cargo volumes have increasingly shifted to private ports, given their market-oriented dynamics in a competitive environment, and bureaucratic hurdles associated with pricing and infrastructure investment have limited the attractiveness of Government-owned ports, the research said.
Major Ports start experimenting with O&M model for privatising Cargo Terminals
NEW DELHI: Indian Major Ports steadily more adopting the operation and maintenance (O&M) model as an alternative to the public-private pa r t ne r ship ( P P P ) f o r m a t f o r privatising cargo terminals.
The O&M model is seen as a riskfree and litigation-free solution, in contrast to the longer-term and more complex PPP agreements. India has 12 major ports under the central government’s jurisdiction. None of t h e s e m a j o r p o r t s h a v e b e e n privatised, as the ownership of the land and waterfront remains with the government. The government allows private participation in specific projects through PPP models Currently, 89 out of 277 berths in these major ports are operated under the PPP model.
Advantages of O&M over PPP
Under the PPP model, private firms are awarded 30-year contracts to handle cargo at terminals, with clearly d e f i n e d t e r m s i n c o n c e s s i o n agreements. While providing longterm infrastructure development, these projects often encounter significant challenges, including contract defaults, litigation, and project terminations.
In contrast, the O&M model offers shorter contracts of 5-10 years, allowing ports to maintain greater control while minimising legal risks.
The appeal of the O&M model lies in its simplicity and lower risk. Unlike PPP projects, which require ports to compensate private operators with
90 per cent of their debt if a project fails, O&M contracts are short-term, with fewer financial liabilities. Ports remain in control of the asset, while private firms focus on day-to-day operations.
A r e c e n t e x a m p l e i s t h e
Visakhapatnam Port Authority (VPA), which awarded a five-year O&M contract to Green Energy Resources Ports Pvt Ltd for operating its East Quay 1A (EQ1A) berth.
This decision came after a failed PPP attempt with SEW Infrastructure Ltd, which abandoned the coal handling project midway. The port authority completed the remaining work itself, demonstrating the flexibility of O&M in allowing ports to step in when private partners fail.
Financial Gains
The O&M model is proving to be financially rewarding for VPA. Its East Quay 1 (EQ1) terminal, now operated under O&M by HIQ Services, has emerged as the port’s highest revenue generator. The terminal handles about two million tonnes of cargo annually, generating Rs 200 per ton for the port authority, amounting to Rs 80 crores in FY24.
This revenue has already allowed the port to recover its costs after it took over the terminal from Adani Ports and Special Economic Zone Ltd (APSEZ) following the termination of the PPP agreement due to nonc o m p l i a n c e w i t h m i n i m u m guaranteed throughput (MGT) obligations. V
advantages of O&M over PPP The port authority not only earns more revenue from its O&M-operated ter minals but also avoids the lengthy arbitration and litigation commonly linked to terminated PPP projects Given this success, VPA is now exploring O&M for its West Quay berths, previously slated for PPP.
Other major ports are following suit Syama Prasad Mookerjee Port Authority (formerly Kolkata Port Trust) recently awarded a five-year O&M contract to APSEZ to manage container traffic at Netaji Subhas Dock. Deendayal Port Authority in Kandla, Gujarat, is also exploring the O&M model for its new berths, according to a media report.
Limitations of O&M for Large-Scale Projects
However, private operators argue that O&M is suitable only for smaller, existing (brownfield ) projects For larger projects that require significant investment and infrastr ucture development, they say the PPP model remains essential, as many ports lack the financial capacity for such expansions.
However, to sum up, this shift could shape the future of India’s port infrastructure, especially as ports seek more agile and profitable ways to expand their capacity and improve operational efficiency
Adani Ports dees odds : FY25 volume outlook remains robust
AHMEDABAD: While Adani
Ports and SEZ Ltd hit a temporary
s n a g i n H 1 F Y 2 5 , t h e v o l u m e guidance remains strong at 460-480 mmt for FY25, stated a report by Motilal Oswal Financial Services
Volumes in Q1FY25 grew 7 per cent YoY Further, Aug’24 volumes were also impacted by severe weather in Kutch, affecting operations at Mundra and Tuna. The company handled 183 mmt of cargo volumes over Apr-Aug’24.
While H1FY25 volumes were temporarily impacted by a worker strike and weather conditions, the situation is normalized now and the FY25 volume guidance of 460-480 mmt remains unchanged. “APSEZ is expected to record 2-3x of India’s cargo volume growth. APSEZ targets becoming India’s largest integrated transport utility and the world’s largest private port company by 2030.
Financial Services said.
APSEZ has signed a concession agreement with Deendayal Port Authority (DPA) to develop Berth No 13 at Kandla, Gujarat The 300m berth, with a capacity of 5.7 mmt, is set to be operational by FY27, expanding APSEZ’s presence at Deendayal Port and boosting service to Gujarat and North India.
Acquisition
APSEZ has agreed to acquire an 80 per cent stake in Astro for $185 million, valuing the company at $235 million, and the existing promoters of Astro will hold the remaining 20 per cent stake. Founded in 2009, Astro is a global offshore support vessels (OSV) operator with a fleet of 26 vessels, providing services across the Middle East, India, Far East Asia,
and Africa. The acquisition increases APSEZ’s fleet size to 168 vessels, expanding its presence in key regions and enhancing its Tier-1 customer base.
Building infrastructure
As APSEZ aims to become India’s largest integrated transport utility company by 2030, it is strengthening its capabilities in all logistics segments (ports, CTO, warehousing, last-mile delivery, ICDs, etc ) Hence, it offers end-to-end service to its customers, thereby capturing a higher wallet share and making the cargo sticky in nature,thereportstated
The company currently operates 12 multi-modal logistics parks (MMLPs), equipped with 131 trains, 2.9m sqft. of warehousing space, and 1.2 mmt of grain silos. It plans to expand its footprint and build a pan-India presence with logistic parks and warehouses.
India’s logistics costs to drop to single digit within ve years : Nitin Gadkari
NEW DELHI: India’s logistics cost is set to fall to single digits within the next five years, according to Union Road Transport and Highways Minister Shri Nitin Gadkari
Speaking at the Deloitte’s Summit Arohana 2.0 – Growth with Impact, Gadkari highlighted ongoing highway and expressway projects aimed at reducing logistics costs significantly
According to the National Council of Applied Economic Research (NCAER), India’s logistics costs ranged between 7 8% to 8 9% of GDP in 2021-22 Gadkari emphasized the
importance of making the Indian automobile industry the world’s number one, noting its growth from Rs 7 5 lakh crore in 2014 to Rs 22 lakh crore in 2024
Gadkari also discussed India’s position as the fastestgrowing major economy and stressed the need to increase exports and reduce imports He underscored the importance of performance audits over financial audits in any organization. Additionally, the minister mentioned the concept of economically viable smart villages alongside smart cities.
India and South Korea begin Digital Trade with Electronic Bill of Lading
NEW DELHI: In an effort to facilitate ease of doing business, South Korea and India have initiated the electronic transfer of bill of lading (BoL) between their respective customs authorities. This development coincides with global efforts to establish the foundation for all documentation related to cross-border trade.
The bill of lading serves as a legal document providing proof of shipment, ownership, and contract details. India’s Director General of Foreign Trade (DGFT) Santosh Kumar Sarangi has said that once this system is adopted globally, physical submission of such records will no longer be necessary
India-South Korea pave the way for e-trade documentation
At an industry event held recently, Sarangi noted that
India and South Korea have initiated this practice of electronic bill of lading exchange South Korea, a significant trade partner of India, entered into a comprehensive free trade agreement with India in 2010. In 2022-23, India’s exports to South Korea amounted to US$6.41 billion, while imports reached US$21.13 billion. He anticipated that the transition from physical to electronic document submission might be fully
This initiative is part of a broader effort led by the United Nations Commission on International Trade L a w ( U N C I T R A L ) t o
e documentation, with several countries participating in the process UNCITRAL is dedicated to modernizing and harmonizing international trade law
Ministry of Ports, Shipping & Waterways joins Swachhata Hi Seva 2024 Campaign
• Public Par cipa on, Mega Cleanliness Drives, and Safai Mitra Welfare at the Core of the Ini a ve
• Shri Sarbananda Sonowal and Shri Shantanu Thakur Lead Tree Planta on and Cleanliness Drives across Ports
NEW DELHI: In alignment with the Government of India’s Swachhata Hi Seva (SHS) 2024 campaign, launched on 13th September 2024 under the theme ‘Swabhav Swachhata – Sanskaar Swachhata’, the Ministry of Ports, Shipping & Waterways has spearheaded various cleanliness and public engagement activities. Spanning from 16th September to 2nd October 2024, the campaign is centered around three key pillars: Swachhata Ki Bhaagidari, Sampoorna Swachhata, and Safai Mitra Suraksha Shivirs.
During this Preparatory Phase of the Campaign, review of all pending references and physical & electronic files/records is being undertaken across the Ministry and its Organizations/PSUs to set the targets to be achieved during the campaign phase which will be implemented from 2nd October to 31st October, 2024.
Recently, Shri Sarbananda Sonowal, alongside Minister of State Shri Shantanu Thakur and Secretary
MUMBAI: India's forex reserves jumped by $223 million to hit a fresh all-time high of $689.46 billion for the week ended September 13, the Reserve Bank of India (RBI).
Shri T.K. Ramachandran, initiated a mass plantation
V O Chidambaranar Port, Tuticorin, Tamil Nadu The campaign continues with tree plantation, cleanliness drives, and pledges at various ports, inspiring stakeholders and employees to make cleanliness a way of life.
According to the Weekly Statistical Supplement released by the RBI, Foreign currency assets (FCAs) dipped by $515 million to $603 63 billion Gold reserves saw a surge of $899 million to $62.8 billion. Meanwhile, SDRs for the above mentioned week were down by $53 million to stand at $18 42 billion Reserve position in the IMF dipped by $108 million to $4.52 billion.
SHIPPING MOVEMENTS AT GUJARAT PORTS DEENDAYAL PORT
TODAY’S TIDE 23/09/2024
VESSELS
Cargo Steamer's Agent's ETD
Jetty Name Name
CJ-I AG Valiant Interocean 25/09
CJ-II Golden ID DBC 26/09
CJ-III MO Joud DBC 25/09
CJ-IV ZX Glory Asia Shpg. 24/09
CJ-V Amis Brave Shantilal Shpg. 27/09
CJ-VI Wonderful SW DBC 24/09
CJ-VII An Hai Vincent
CJ-VIII AMNS Tufmax Inayat Cargo 26/09
CJ-IX DMC Neptune Chowgule Bros. 25/09
CJ-X Gautam Rehansh Ocean Harmony 24/09
CJ-XI VACANT
CJ-XII Xin Lia Chang Kashnira Shpg. 24/09
CJ-XIII Ingwar Selmer Cross Trade 25/09
CJ-XIV Pacific Ace Chowgule Bros. 26/09
CJ-XV Kurushima DBC 26/09
CJ-XVA Berge Scafell Pike Synergy 25/09
CJ-XVI Medi Brisbane Cross Trade 27/09
TUNA VESSEL'S NAME AGENT'S NAME ETD HPC Future ACT Infra 25/09
OIL JETTY VESSEL'S NAME AGENT'S NAME ETD
OJ-I VACANT
OJ-II Ginga Saker GAC Shpg. 21/09
OJ-III Nordic Callao GAC Shpg. 21/09
OJ-IV No.2 Ocean Pioneer Samudra 21/09
OJ-V JKT Miracle Scorpio Shpg. 21/09
OJ-VI Jag Pankhi Malara Shpg. 21/09
OJ-VII Nord Miyako Interocean
SHIPS SAILED WITH NEXT EXPORT CARGOS DESTN.
Medi Brisbane 20/09
SCI Chennai 21/09 Pipavav-CochinTuticorin-Kattupalli
Obe Dinares 22/09 Karachi
KM Hakata 22/09 China
AM Ocean Pride 22/09 China
TS Challengs 22/09 China
African Seto 22/09 Kenya
Steamer's Name Agents Arrival on
Suvari Kaptan DBC 09/09
Great Beauty Mitsutor 16/09
Ru Yi II Rishi Shpg. 09/09
Lila Frostburg Interocean 17/09
Mohsen Ilyas Seacoast 15/09
Golden Shark DBC 18/09
Kuwana DBC 18/09
HPC Vision Jeel Kandla 19/09
Meteor Cross Trade 20/09
Heroic Chowgule Bros. 20/09
Doctor O DBC 16/09
Stream Golden Shark DBC
25/09 Haje Nafela DBC
Stream Heroic Chowgule Bros.
Stream HPC Vision Jeel Kandla
27/09 Hydrabad Cross Trade
CJ-XIII Ingwar Selmer Cross Trade
OJ-VI Jag Pankhi Malara Shpg. Mombasa
Stream Jetstream Anline Shpg.
Stream Kathy Ocean Upsana Shpg.
Stream Laker Benline
Stream Lila Frostburg Interocean
CJ-XVI Medi Brisbane Cross Trade
Stream Meteor Cross Trade
Stream Mohsen Ilyas Seacoast
CJ-III MO Joud DBC Yemen 7,350 T. Rice Bags 28/09 Oriental Sakura Allied Shpg.
Stream Ru Yi II Rishi Shpg.
24/09 Sai Fortune Sai Shpg.
Stream Sanman Sitar Malara Shpg.
Stream Suvari Kaptan DBC
VESSELS IN PORT & DUE FOR IMPORT DISCHARGE
GENERAL CARGO VESSELS
25/09 Adinath Inayat Cargo
CJ-V Amis Brave Shantilal Shpg.
T. ST Plates
CJ-VIII AMNS Tufmax Inayat Cargo 5,014 T. ST Slabs
CJ-XVA Berge Scafell Pike Synergy Uruguay 35,116 CBM P Logs
25/09 Clipper Teresa J M Baxi China 8,998 T. Steel Cargo
Stream Great Beauty Mitsutor 7,661 Bleached Hard Wood Tuna HPC Future ACT Infra Oman 32,800 T. Limestone
CJ-XV Kurushima DBC Japan 3,867/742/409 T.CRC/S.Bars/Prj Cargo INIXY124090794
Stream Kuwana DBC Japan 1,415/3,843 T.CRC/Pkgs(175/423 Pcs) INIXY124090804
Stream Nikolas D Dariya Shpg. South Africa 77,931 T. Coal
CJ-VI Wonderful SW DBC Malaysia 28,371 CBM P Logs
Stream Xenia Interocean Brazil 76,865 T. Sugar Bulk
CJ-IV ZX Glory Asia Shpg. 8,354/3,416/906 T. PVC Resin Bags/ INIXY124080695 Polyvinyl Chloride Bags/ Pkgs
LIQUID CARGO VESSELS
25/09 Bow Palladium GAC Shpg. Singapore 4,654 T. Chemicals
Stream Coral Pearl V Ocean 21,762 T. Methanol
Stream CNC Dream Samudra Saudi Arabia
T. Chemicals
30/09 DM Condor Samudra Singapore 2,995 T. Chem In Bulk INIXY124090896
OJ-II Ginga Saker GAC Shpg. Kuwait 4,000 T. Chem In Bulk INIXY124090796
Stream Hakone Galaxy GAC Shpg.
OJ-V JKT Miracle Scorpio Shpg.
OJ-IV No.2 Ocean Pioneer Samudra Korea
OJ-III Nordic Callao GAC Shpg.
26/09 Nordic Copenhagen GAC Shpg.
OJ-VII Nord Miyako Interocean Santos
25/09 Oriental Gerbera Allied Shpg.
24/09 Paramita Wilhelmsen Singapore
26/09 PVT Solana Interocean San Lorenzo
30/09 Seaways Hercules Interocean San Lorenzo
T. Chem In Bulk
T. Phos Acid
T. Chemicals
T. Chemicals
T. Chemicals
Chemicals
INIXY124090802
Chem In Bulk INIXY124090821
Steamer's Name Agents Arrival on Laker Benline 16/09
I.G.M. Nos. filed at Kandla Customs
Manual EDI Vessels Name Agent SHIPS NOT READY FOR BERTH
Ali - Nansha I/E TEUs.
Stream Grand Mariner (PGI) Master Logitech Bandar Abbas-Nhava I/E 420/400 TEUs. Sheva - Umm Qasr CJ-XII Xin Lia Chang (KGS) Kashnira Shpg.
DUE IN PORT FOR IMPORT DISCHARGE
DP WORLD MUNDRA
Maersk
Tanjung, Pelepas,
Asyad Line Seabridge Marine Shangai, Ningbo, Shekou (FEX) TBA Asyad Line Seabridge Marine Haiphong, Laem Chabang, (IEX) TO LOAD FOR INDIAN SUB CONTINENT
In Port —/— Kmarin Azur 438W 4093267 Maersk Line Maersk India Tema, Lome, Abidjan (MW2 MEWA)
TBA Asyad Line Seabridge Marine Karachi (REX)
(NWX)
CONTAINER VESSELS DUE / IN PORT FOR IMPORT DISCHARGE
22/09 Kmarin Azur (V-438W) 4093267 Maersk India Nhava Sheva
23/09 Celsius Edinburgh (V-2) 4093329 Unifeeder Ag. Jebel Ali
24/09 Maersk Genoa (V-438W) 4083140 Maersk India Jebel Ali
27/09 26/09-1800 Maersk Chicago 438W 24309 Maersk Line Maersk India Algeciras
04/10 03/10-1800 Maersk Kinloss 439W 24317
TO LOAD FOR FAR EAST, CHINA, JAPAN, AUSTRALIA, NEW
ZEALAND AND PACIFIC
In Port —/— Cap Andreas 014E 24307 X-Press Feeders Merchant Shpg. Port Kelang, Singapore, Laem Chabang. 23/09 25/09 25/09-0900 X-Press Anglesey 24032E 24313 ONE ONE (India) (TIP) 26/09 06/10 06/10-1000 MOL Presence 017E 24320 07/10 24/09 23/09-2300 One Contribution 058E 24308 ONE ONE (India) Port Kelang, Singapore, Haiphong, Cai Mep, Pusan, Shahghai, 25/09 01/10 01/10-1100 Seaspan Adonis 076E HMM / YML HMM(I) / YML(I) Ningbo, Shekou (PS3) 02/10 26/09 26/09-0200 X-Press Carina 24039E 24311 Maersk Line Maersk India Singapore, Dalian, Xingang, Qingdao, Busan, Kwangyang, 27/09 06/10 06/10-0200 X-Press Cassiopeia 24040E 24318 X-Press Feeders Merchant Shpg. Ningbo, Tanjung Pelepas. (NWX) 07/10 Sinokor/Heung A Sinokor India Port kelang, Singapore, Qindao, Xingang, Pusan. 28/09 27/09-1800 OOCL Luxembourg 112E 24305 COSCO / OOCL COSCO Shpg./OOCL(I) Port Kelang, Singapore, Hong Kong, Shanghai, Xiamen, Shekou. 29/09 04/10 04/10-2100 Stratford 132E 24312 Gold Star / RCL Star Shpg/RCL Ag. (CIXA) 05/10 13/10 13/10-2100 Xin Da Yang Zhou 096E 24321 14/10 29/09 29/09-1400 Xin Ya Zhou 164E 24281 COSCO COSCO Shpg. Singapor Cai Mep, Hongkong, Shanghai, Ningbo, Shekou, 30/09 Nansha, Port Kelang (CI1)
TO LOAD FOR WEST ASIA GULF, RED SEA & EAST AFRICAN PORTS 24/09 24/09-1700 Seaspan Jakarta 438W 24310 Maersk/GFS Maersk India/GFS Jabel Ali, Dammam (SHAEX)
27/09 26/09-1800 Maersk Chicago 438W 24309 Maersk Line Maersk India Salallah, Port Said, Djibouti, Jebel Ali, Port Qasim. (MECL) 28/09 TO LOAD FOR INDIAN SUB CONTINENT PORTS & COASTAL SERVICE
In Port —/— Cap Andreas 014E 24307 X-Press Feeders Merchant Shpg. Muhammad Bin Qasim, Karachi, Colombo.
25/09 25/09-0900 X-Press Anglesey 24032E 24313 ONE ONE (India) (TIP)
Car.CB-6 Ever Ethic (V-170E)(Sailed) Unifeeder/KMTC Unifeeder/KMTC(I) Far East & 2388228 21/09 24/09 Shimin (V-23E)(NSIGT) Hapag/Evergreen ISS Shipping/Evergreen Shpg. Colombo 25/09 04/10 Seattle Bridge (V-092E) ONE/TS Lines ONE (I)/TS Lines(I)
24/09 Grace Bridge (V-2406E) Global Fdr/TS Lines Sima Marine/TS Lines (I) Far East 25/09 09/10 Zhong Gu Hong Zhou (V-24003E) Sinokor/Heung A Line Sinokor India 10/10 CB-5 Golbon (V-1334W) HDASCO Armita India Gulf 2388664 24/09
Car.CB-5 Inter Sydney (V-0163)(Sailed) Interworld Efficient Marine Gulf 2388377 20/09 24/09 Konrad (V-KONO524W) Akkon Oasis Shipping Europe/Med. 25/09 25/09 Maersk Virginia (V-439W) Maersk Line Maersk India U.K. Cont. 26/09 25/09 Maersk Cubango (V-438W) CMA CGM/Maersk Line CMA CGM Ag.(I)/Maersk India Africa
Car.CB-5 Maersk Cape Town (V-439S)(Sailed) Maersk Line Maersk India Africa 2388693 22/09 Car.CB-5 Maersk Pittsburg (V-437W)(Sailed) Maersk Line Maersk India Mediterranean 2388661 23/09 27/09 Stanley A (V-436S) Maersk Line/CMA CGM Maersk India/CMA CGM Ag.(I) Africa 28/09 28/09 SSL Brahmaputra (V-919E) Wan Hai/Unifeeder Wan Hai Lines (I)/Unifeeder Jebel Ali
09/10 Monaco (V-109E) Emirates/Gold Star Emirates Shpg./Star Ship.
26/09 Maersk Aras (V-439W) Maersk Maersk
23/09 NZ Ningbo (V-27INDSTP) MDL Line Hub &
30/09 Oshairij (V-2419W) QNL/Milaha Poseidon
26/09 Seaspan
BMCT-1 KMTC Delhi (V-2405E) COSCO/Emirates
Piyush Goyal chairs Inter-Ministerial meeting to address rising freight cost, shipping delays, shortage & non-availability of containers and congestion at the ports
• Decisions taken by Shipping and Railways Ministries will bring down shipping costs: Shri Goyal
• Govt commi ed to improve availability of containers, faster evacua on of export consignments and reduce conges on at the ports: Shri Goyal
• Empty containers can be stored at Jawaharlal Nehru Port Authority for 90 days free of cost, Railways to reduce loading and handling charges: Shri Goyal
• Ministry of Ports, Shipping and Waterways to buy five container ships to handle increased cargo
• Civil Avia on Ministry to work towards faster movement of air cargo
• Mul disciplinary help desk to be set up to support exporters: Shri Goyal
• Traffic delays near & around JNPA to be minimized to enhance export-related processes: Shri Goyal
• Simultaneous container scanning at JNPA for faster clearances & reduced turnaround me: Shri Goyal
Cont’d. from Pg. 4
C o m m e r c e a n d I n d u s t r y Minister urged all stakeholders to m a k e c o n c e r t e d e f f o r t s t o significantly mitigate the difficulties and address the issues faced by the exporters, effectively deploy multidisciplinary capabilities and adopt ‘whole of the Government’ approach to ensure that no logistic difficulty is faced by the exporters. Due to the current geopolitical tensions, Red Sea Crisis, Houthi operations, ongoing wars and its impact on international trade there was a need to engage with a multidisciplinary team, he said.
ensure that custom clearances at the p o r t s w i l l b e e x p e d i t e d b y simultaneous screening two twenty feet containers.
In the meeting it was decided that to set up a multidisciplinary help desk to support exporters.
At the end of the meeting, the representatives of exporters led by Federation of Indian Export
The Shipping Corporation of India (SCI) announced that they are chartering container ships to significantly increase the container capacities It was announced that on an immediate basis, capacity will be enhanced by 9000 twenty-foot equivalent unit (TEUs). The SCI will also buy additional five container ships to further enhance cargo handling capacity The Shipping Lines assured that all charges like container transportation and Lift on-Lift off at yards would be embedded in the delivery order given to shippers.
Secretary, Ministry of Ports, Shipping and Waterways Shipping, Shri TK Ramachandran announced that the port capacities have already been enhanced by 2 3 million TEUs It was decided at the meeting that private container yards will have to mandatorily register themselves with GST authorities and that it would not accept any charges in cash in order to stopillegal profiteering arising out of shortage and delay.
Chairman, JNPT, Shri Unmesh Sharad Wagh assured that steps have already been taken to eliminate any congestion and bottlenecks To enhance export related processes, traffic delays near & around JNPA will be minimized and simultaneous container scanning at JNPA will be implemented forfasterclearances&reducedturnaroundtime
Civil Aviation Secretary announced that all efforts will be taken to ensure faster movement of air cargo and reduce turnover time.
Revenue Secretary, Shri Sanjay Malhotra said that the Central Board of Indirect Taxes and Customs (CBIC) will
Organisations (FIEO) expressed satisfaction with the present availability of containers and expressed that the immediate steps being taken by the Government would result in significantly easing the congestion, delay and freight hike and would enhance the space availability on the outgoing container ships
In his concluding remarks, Shri Goyal said that the Government will continue to regularly monitor the situation with the next review is scheduled towards the end of October. Expressing satisfaction at the outcome of the meeting, Shri Goyal asserted that every department in the Government has contributed collectively to resolve the crises resulting in significant cut down of shipping costs, increasing availability of containers and expediting evacuation of export consignments reducing congestion at the ports.
The meeting was attended by the Ministry of Ports, Shipping and Waterways, Ministry of Railways, Ministry of Civil Aviation, Ministry of Finance and Ministry of Commerce & Industry in New Delhi Among the stakeholders, exporters & shippers (represented by FIEO), Container Corporation, Shipping Corporation of India, Freight Forwarder Association, Transporters, ICD/CFS operators and private Shipping Lines were present.
The meeting was convened to discuss and resolve concerns and reports related to rising freight cost, shipping delays, shortage & non-availability of containers and congestion at the ports due to emerging geopolitical & economic scenario leading to difficulties being faced by exporters and adverse impact on the trade. Collectively, decisions were taken to promote a trust-based working environment for faster processing of cargo during exports.
Rorix Holdings and Adani Ports Sign MoU to Revolutionize the Commodities Market Ecosystem
ABU DHABI: Rorix Holdings, the Abu Dhabi-based global trade facilitation and finance company, announces the signing of a Memorandum of Understanding (MOU) during the UAE-India Business Forum with Adani Ports and Special Economic Zone Limited, India’s largest private multi-port operator This strategic partnership aims to leverage the strengths of both organisations to integrate advanced technologies into their logistics and trading platforms and create synergies that will transform the commodities market ecosystem.
Dr Thani bin Ahmed Al Zeyoudi, Executive Chairman of Rorix Holdings, stated: “Our partnership with Adani Ports will create an innovative and efficient commodities market ecosystem. By combining our expertise in regulated financial platforms and market infrastructure with Adani Ports' strength in logistics and port management, we aim to
revolutionize the way commodities are traded, stored, and managed."
Mr Karan Adani, Managing Director of APSEZ added: “This partnership represents a unique opportunity to transform the commodities trade landscape By leveraging next-generation technologies and combining our expertise, we aim to redefine how commodities markets operate. The collaboration between Rorix and Adani Ports is a significant step towards our ambition to become one of the largest integrated transport and logistics infrastructure companies globally, providing comprehensive end-to-end services.”
This initiative marks a significant step towards fostering innovation and growth in the commodities market, offering a more seamless, secure, and transparent trading environment for stakeholders worldwide.
